(14 JULY 2020)EUR/USD The downside prevails.

(14 JULY 2020)EUR/USD The downside prevails.

14 July 2020, 08:51
Jiming Huang
0
103

eu


Pivot
 (invalidation): 1.1370
Our preference
Short positions below 1.1370 with targets at 1.1320 & 1.1300 in extension.
Alternative scenario
Above 1.1370 look for further upside with 1.1390 & 1.1410 as targets.
Comment
As Long as the resistance at 1.1370 is not surpassed, the risk of the break below 1.1320
remains high.

(By Swissquote TRADING CENTRAL)